🎩🌟 Exploring the world of crypto with reflections. Small investor with big dreams! 💡💸 Let's have a little contemplation as we conquer the crypto universe 🌌
Did Mantra just die? . The founding team “Kabbalah” has abandoned the project, and $OM crashed 90% in just one hour. No leadership, no direction—panic is spreading across the crypto space. . Is this another stealth rug pull?
Why is no one talking about #pi Network's supply and "mining"? 🤔 . Pi Network has captured the attention of millions with its innovative approach to mobile mining. However, two critical aspects deserve attention: . 💰 1. Total supply of 100 billion tokens: . Although Pi Network's maximum supply is 100 billion, not all of it will be distributed to the public. A significant portion will be reserved for the development team, operations, and other internal uses, potentially limiting the actual amount available to regular users. . Value or trap? Such a high supply, combined with limited public distribution, could create an inflationary supply and potentially devalue the token in the long term. . . ⛏️ 2. Is Pi's "mining" really mining? . Unlike traditional cryptocurrencies like Bitcoin, where mining involves solving complex mathematical problems through computational power, Pi Network’s "mining" is based on simply pressing a button daily on the mobile app. . Is this mining or just an engagement system? Some critics argue that without a true consensus process or computational work, calling this activity "mining" could be misleading. . . What do you think?
Over the past five years, March has proven to be a crucial month for Bitcoin, showcasing its resilience and ability to surprise the market:
📈 2020: From $8,599 to $6,438 (amid a global crisis) 📈 2021: From $45,137 to $58,918 (bull market boom!) 📈 2022: From $43,193 to $45,538 (held strong in an uncertain market) 📈 2023: From $23,147 to $28,478 (beginning of a recovery?) 📈 2024: From $61,198 to $71,333 (the bull is roaring again!)
If history teaches us anything, it’s that March could be the turning point. With such a strong close in 2024, will we see Bitcoin break new highs this year?